Properties
Pay Element | Also Known As... | Time Period | Definition |
New Hire Grant | Stock compensation, equity compensation, stock-based compensation*, share-based compensation, options, RSUs, equity | One-time
Typically expressed in target cash value** | Non-cash stock grant providing share ownership in the business. Most commonly awarded in the form of stock options or restricted stock. New hire grant only, excludes future grants. |
* Stock-based compensation: For most organizations this is representative of RSUs, however could include different forms of equity (e.g., shares/stock, restricted shares, options, performance shares) or cash (e.g., SARs, phantom stock, performance unit plan or cash long-term incentives).
** Compa Index is based on offer data, and uses the target cash value at the time of the offer, or said another way, the perceived value of the stock communicated by the recruiter. Most enterprise companies make offers based on stock value, not number of units.
Geographies
The tables below highlight localization, requirements and notes by country. Please note that not all regions and/or countries may be represented in Compa Index at this time, but tables will be updated as more countries come online in the app. Additionally, while this list has been vetted with compensation professionals, we always recommend you confirm requirements with local, in-country experts.
NORTH AMERICA
Country | Localization | Requirements |
Canada | Eligibility and grant type / amount / vesting will vary based on company industry, maturity and ownership.
Differences may exist between provinces. | Standard / common to offer NH Equity for most professional, management and executive levels.
|
United States | Eligibility and grant type / amount / vesting will vary based on company industry, maturity and ownership. | Standard / common to offer NH Equity for most professional, management and executive levels. |
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